Twin Cities 2008 Real Estate Market Activity Report

The Minneapolis Association of Realtors just recently released the 2008 Real Estate Market Actitivity Report, click here to view all the stats for the past year. See how they stack up to years past. Dig a little deeper to find some rich, meaty data that tells the whole story. The area that of course stands [...]

Zillow Says Apple Valley Homes Down 8.75%

Get your Zindex or Zestimate or whatever it is being called.  Anyways, they have come out with their local real estate market trend for Apple Valley which home prices are down 8.75% during the third quarter year over year. How does Apple Valley real estate stack up to home prices nationally? Nationwide homeprices are down [...]

Home Sales Rise, Prices Still Fall in Twin Cities Real Estate Market

Whoa, Whoa… Home sales rose last month? On Friday, the National Association of Realtors® reported home sales across the country were up unexpected 5.5%. However, on Monday the S&P Case-Schiller index came out with their home price indeces. Where does the Twin Cities real estate market stack up The biggest bump in home sales can [...]

Minneapolis 13th on list for fastest selling housing markets

So how does the Twin Cities real estate market stack up against other housing markets throughout the United States? A recent article in Business Week places the Minneapolis housing market as the the 13th fastest selling market in the United States. Fastest in terms of DOM (Days On Market).

Twin Cities Economic and Market Watch Report

Last week Zillow reported their second quarter index report, this week the NAR released their economic and market watch report for 15 counties in the Twin Cities metro area. Definitely not as colorful as Zillow’s report and it’s a boring 46 pages long.

Home sales increase, this isn’t suppose to happen now or is it?

The National Association of Realtors released their latest report of the Pending Home Sales Index (PHSI). The numbers actually weren’t that bad and could have been worse. The PHSI actually rose 5.3% compared to what was previously determined in May, but still down over 12% from last year at this time. The NAR, usually puts [...]

Meadows of Bloomfield Rosemount June Market Update

This market update also includes the Bloomfield subdivision as well month ending in June As of today there are 26 active listings in the subdivisions. Of those 26 active listings, 17 are townhouses and 11 are single family homes. Included in the 26 homes for sale 3 have come on the market since July 1st. [...]

And then there was light

bargraph

The Minneapolis Association of Realtors recently released a report (but it took me awhile to get in on the blog) on foreclosures and short sales in the Twin Cities market. The report is long overdue to show some contrasts between decline in median home prices. Foreclosures and short sales in the Twin Cities area have [...]

Twin Cities Market Update

newlistings5-27-08

2% decline in houses on the market since last year at the same time. Pending sales slightly ahead of last year. 27.5% of these houses where completed by a financial institution meaning a short sale or REO property. Pending sales over three months is down compared to last year at this time. The number of [...]

Listings decrease as builders and sellers hold back

A recent article in the Star Tribune about the housing market. Click here for the article

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